New Delhi, May 3 (IANS) Former Indian Premier League (IPL) chairman Lalit Modi welcomed the acquisition of Rajasthan Royals by the Mittal family in partnership with Adar Poonawalla, saying the league could not have better owners than the two, calling them the “most savvy investors.”Lakshmi N. Mittal and Aditya Mittal on Sunday announced a definitive agreement has been reached to acquire the Rajasthan Royals, in partnership with Adar Poonawalla, from Manoj Badale and consortium. In addition to th…
Latest Aditya Mittal News & Updates
New Delhi, May 3 (IANS) Lakshmi N. Mittal and Aditya Mittal on Sunday announced a definitive agreement has been reached to acquire the Rajasthan Royals, in partnership with Adar Poonawalla, from Manoj Badale and consortium. Following completion, the Mittal Family will own approximately 75 per cent of Rajasthan Royals, with Adar Poonawalla holding approximately 18 per cent. The remaining approximately 7 per cent will be held by approved existing investors, including Manoj Badale. It is understood…
Visakhapatnam, March 23 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Monday laid the foundation for ArcelorMittal Nippon Steel (AM-NS) India plant at Nakkapalli in Anakapalli district, saying that the state is the best destination for industrial investments in India. Union Minister of Heavy Industries and Steel HD Kumara Swamy was also present at the event.CM Naidu said that the project marks not just the beginning of a steel plant but the foundation of a future Steel City in the…
Visakhapatnam, March 23 (IANS) Prime Minister Narendra Modi on Monday hailed ArcelorMittal Nippon Steel (AMNS) India’s mega integrated steel plant as a major milestone in Andhra Pradesh’s development journey and said that it will create opportunities for youth and position the state as a hub of industrial innovation. Responding to the foundation stone laying of India’s largest greenfield steel plant at Nakkapalli in Anakapalli district on Monday, Prime Minister Narendra Modi described the …